4. Which of the following is false?

Smith's electronics originally priced a private-label portable dvd player at $90, and then sold 1,500 units per week. after rais

Mariana [72]

The answer i would say would be $75

3 0

3 years ago

What is the difference between an "increase in demand" and an "increase in quantity demanded"?

alekssr [168]

A shift to the right of the demand curve signifies a "increase in demand," whereas movement along a particular demand curve signifies a "increase in quantity demanded." The correct response is option (B).

<h3>What is increase in demand?</h3>

A rise in demand will cause a rise in the equilibrium price and an increase in supply, all other things being equal. Reduced demand will result in a decrease in the equilibrium price and an increase in supply.

An rise in the quantity needed results from a decrease in the cost of the good (and vice versa). A demand curve depicts the amount desired and any market price. A change in quantity demanded is represented as a shift along a demand curve.

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6 0

1 year ago

Perfect Clean, Inc. provides housekeeping services. The following financial data have been provided. Service Revenue $ 70 comma

Dennis_Churaev [7]

Answer:

The contribution margin is $29,650

The contribution margin ratio is 42.35%

Explanation:

Contribution Margin : The contribution margin shows a difference between sales revenue and variable cost.

For computing the contribution margin, the following formula is used which is shown below:

= Service revenue - Cleaning supplies - wages expenses

= $70,000 - $22,000 - $18,350

=$29,650

Thus, the contribution margin is $29,650

Now, the contribution margin ratio is a ratio between contribution margin and sales.

In mathematically,

Contribution margin ratio = Contribution ÷ Service revenue

= $29,650 ÷ $70,000

= 42.35%

Hence, the contribution margin ratio is 42.35%

5 0

3 years ago

he 12-month period that ends when a company's activities are at their lowest point is called the:(A) Fiscal year.(B) Calendar ye

Nostrana [21]

Answer:

C) Natural business year.

Explanation:

A natural business year is the period of 12 consecutive monthsending at a low point of an organization's activities.

For example, a school district will have a natural business year of July 1 through June 30, since classes for the school year end in early June.

4 0

3 years ago

What role does utility loading... play in the economic model of consumer behavior? when modeling consumer behavior, utility?

xenn [34]

Reflects the satisfaction a consumer receives from consuming a particular set of goods and services

4 0

3 years ago